Wednesday, July 11, 2012

THE U.S. TAX SYSTEM IMPOSES AN ENORMOUS toll on productivity through high marginal rates, absurd complexity, loopholes for the well-connected, and incentives for wasteful decisions. A better, fairer system will be:

Abolish the Internal Revenue Service.

Enact the Fair Tax to tax expenditures, rather than income, with a 'prebate' to make spending on basic necessities tax free.

With the Fair Tax, eliminate business taxes, withholding and other levies that penalize productivity, while creating millions of jobs.

Suggested Reading: www.FairTax.org

No more IRS? An entire thugocracy turned out to honest labor? Getting rid of a friggin' wind anchor on the ship of state? Sign me up.

THE U.S. TAX SYSTEM IMPOSES AN ENORMOUS toll on productivity through high marginal rates, absurd complexity, loopholes for the well-connected, and incentives for wasteful decisions. A better, fairer system will be:

Abolish the Internal Revenue Service.

Enact the Fair Tax to tax expenditures, rather than income, with a 'prebate' to make spending on basic necessities tax free.

With the Fair Tax, eliminate business taxes, withholding and other levies that penalize productivity, while creating millions of jobs.

Suggested Reading: www.FairTax.org

No more IRS? An entire thugocracy turned out to honest labor? Getting rid of a friggin' wind anchor on the ship of state? Sign me up.